The Gorilla Method

Gorilla is very agile in moving from one stalk to another and that is similar to trading on the FX market, we must be agile in opening positions so that our goals can be achieved and we can minimize losses.
Sometimes, but rarely, in a day I open 2 opposite positions if all four indicators ask me to do it. My target varies from 30 to a maximum of 80 pips (or R3 / S3 has been reached) per transaction and Stop loss is 30 pips.
I rely on Pivot, Ema 30, 15 and 4 and the time frame is 1 hour.
I call this method the Gorilla Method and I have no intention of harassing gorilla / monkey lovers.

1. Today's pivot is bigger than yesterday's Pivot.
2. All EMA 30,15,4 positions are above Pivot .
3. Must be prepared in front of a laptop from 07.00 Jakarta time.
4 Entry buy if the price returns to EMA 30.
5. The target is R3 but this position can be closed if the last 4 candles cannot penetrate upwards while the New York market is immediately closed.
6. Stop loss is 30 pips and you can Exit if EMA 4 crosses Ema 15 down.

Thank you for the method,excellent contribution Cm7 ....i'm viewing past data and it seems profitable in the long run....is it 4/15/30 or 5/15/30 EMAs ? On one of your charts I saw 5 appeared :-) Also does all EMAs have to be sloping up/down for buy and sell respectively somewhat Like 1-2 pm or 4-5pm on a clock?

Today's pivot is higher than yesterday's Pivot, that means we will buy if all EMAs are above Pivot and the price returns to EMA30. Unfortunately, currently all three EMAs are still under Pivot, so there is no signal.

Thank you for the method,excellent contribution Cm7 ....i'm viewing past data and it seems profitable in the long run....is it 4/15/30 or 5/15/30 EMAs ? On one of your charts I saw 5 appeared :-) Also does all EMAs have to be sloping up/down for buy and sell respectively somewhat Like 1-2 pm or 4-5pm on a clock? Is USDJPY the only pair we can use?

Ignored

Thank you,

It is 4/15/30

My point is, if all the indicators are in their respective positions and the price returns to EMA30 then that is the best place to buy/sell and can be done at any time without having to look at the clock. You can ignore rule no.3 above because the rules are for me personally or for fellow traders from Jakarta so that they are aware that sometimes signals appear in the morning.

Yes, the best pair for this method is USD/JPY.
Indeed the results are not many sometimes only 88 pips, 168, 112 a week but at least this method can provide profits above 400 pips in a month.

It seems like it's still a long time to get a signal in the USD/JPY pair because the Pivot indicator says "Buy" while other indicators support "Sell".

A Gorilla must choose other foods if there are no bananas available so he can glance at other fruits to eat like cucumbers or sweet potatoes, otherwise Gorilla will go to sleep for 3 consecutive days while hoping that next week he will have good food.